The Sustainable Development Mechanism AKA The New Carbon Market Mechanism

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  The Sustainable Development Mechanism is a new mitigation mechanism established in Art. 3 ter of the draft Paris Agreement. The purpose of this mechanism is to “promote the mitigation of greenhouse gas emissions [in developing country Parties] while fostering sustainable development….” In order to achieve its goals, the mechanism provides incentives for successfully mitigating…
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Past as Prologue? Joint Implementation and the Future for Flexibility Mechanisms

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A recent report by the Stockholm Environmental Institute (SEI) raises some serious questions about the integrity of the Joint Implementation (JI) program, one of the Kyoto Protocol’s main flexibility mechanisms. Since flexibility mechanisms are a core part of Geneva Negotiating Text, this report raises the question of how the UNFCCC will learn from its past mistakes as…
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It’s plane to sea: COP21 should address international aviation and shipping

Source: Transport & Environment

International aviation and shipping account for 8% of global greenhouse gas emissions. The aviation sector already emits as much as Germany, and emissions are set to triple by 2050. Similarly, shipping currently contributes almost 3% of global emissions—a number projected to grow between 50 and 250% by 2050. To date these sectors have largely passed…
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